J.P. Morgan plans to convert its $1.3B Unconstrained Debt Fund to an ETF, pending board approval, to meet evolving client needs.

Cogenuity Partners closes debut fund at $425M, focusing on advanced industrial businesses with two deals already completed.

Petra Capital Partners raises $270M for fifth growth fund, targeting healthcare, business, and technology-enabled services companies.

Meaningful Partners closes $150M second fund, reaches $500M AUM, focusing on consumer sector investments with expert-driven approach.

Chang Robotics launches seed-stage VC fund targeting disruptive technologies in manufacturing, robotics, AI, and energy sectors.

Manulife Investment Management closes $480M Forest Climate Fund, aiming to sequester 6M+ tons of CO2 through sustainable forestry.

GCM Grosvenor's $800M Elevate Fund, largest first-time PE seeding vehicle, backs emerging managers in mid-market buyouts with CalPERS anchor

Incline Equity Partners closes oversubscribed Ascent II Fund at $500M, expanding investment range to $25M-$750M enterprise values.

Thoma Bravo raises $3.6B for largest credit fund, focusing on enterprise software and expanding its leadership in private credit.

Insight Partners just closed $12.5 billion across multiple funds to invest in software companies globally

French alternative asset manager Ardian has raised a $30 billion fund focused on buying stakes in aging private equity funds

Private equity's $1.6T market transforms as retail investors gain access and secondary markets mature, reshaping global investment flow.

Private equity faces historic fundraising challenges as distributions hit record lows, forcing firms to offer investor concessions.